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Garnishment Law Tag

Georgia Garnishment Law Might Get Axed in 2015

Earthquakes are hard to predict.  However, I think I see an earthquake coming in the collections and bankruptcy worlds.  The Georgia garnishment law might be declared unconstitutional this year.If this happens, all garnishment actions in Georgia will come to a screeching halt.  As a consequence, some small collection and loan companies will go out of business.  Also, there will be a temporary but drastic drop in bankruptcy filings. Georgia's current garnishment law is super harsh. In Georgia, a creditor can take twenty five percent of your net paycheck and clean out your entire bank account.In my opinion, this is why the bankruptcy...

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